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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Argentine Peso/Colombian Peso (FOREX:ARSCOP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ARSCOP
Open High Low ARSCOP Price Change
55.543118 55.543118 55.543118 55.543118 0.000000
Entry Signal

MarketClub’s Trade Triangles for ARSCOP

long term down The long term trend has been DOWN since Aug 15th, 2019 at 71.951000

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 55.216775

short term up The short term trend has been UP since Jan 16th, 2020 at 54.842107

Smart Scan Analysis for ARSCOP

Based on a pre-defined weighted trend formula for chart analysis, ARSCOP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ARSCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.543118 55.543118 55.543118 55.543118 0.000000
Prev. Close Volume Bid Ask Time
55.543118 54.791845 56.294391 2020-01-20 02:16:50
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